Hamburg, 16 January 2020 – Hamburg-based redos Group, one of Germany’s leading retail property specialists, has strengthened its head office management team with the addition of Timo Singer (44), who has been appointed Head of Portfolio Management with effect from mid-January. In this capacity, he will be in charge of portfolio and asset optimisation for the company’s shopping centre investments as well as its fund management business.
Timo Singer brings many years of experience at various international companies, including specifically in portfolio management and asset management. Most recently, he served for eight years as senior vice president at Cerberus Global Investments in Amsterdam, and prior to that as head of portfolio strategy at Generali Deutschland Immobilien GmbH (now Generali Real Estate). Following completion of his studies in business, he began his career at KPMG Deutsche Treuhand-Gesellschaft AG as a senior corporate finance associate within the real estate practice.
The position of Head of Portfolio Management has been newly created for Timo Singer. Oliver Herrmann, Managing Director / Head of Business Development at redos, explains: “This step is part of our growth strategy. I am delighted that we were able to recruit Timo Singer, who is a seasoned real estate and finance expert. Through the expertise which he brings, we are putting the foundations in place to further expand our position in the highly competitive German real estate market.”
The redos Group, headquartered in Hamburg, is one of the leading independent retail property specialists, focussing on the areas of investment, asset management, fund management, redevelopment, leasing and advisory business. As an investor and active asset manager, the company covers the entire value chain for large-scale retail properties – for hybrid and conventional shopping centres, retail parks and hypermarkets. redos serves all risk classes and offers every type of investment vehicle for institutional investors. In addition to acting as a co- investor, the company has excellent tenant access and extensive revitalisation expertise. redos can look back on a long track record in the field of restructuring and value optimisation. The retail property specialist currently manages a retail real estate portfolio worth around €3.2 billion at 104 locations throughout Germany. redos manages a total of more than 1.382 million m2 of rental area. With its property database ROB, the company has access to detailed information on around 18,000 retail locations throughout Germany.